Which number produces a rational number when multiplied by 1/5
1 answer:
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Answer:
the interest generated over 30 days using banker's rule is $180.7
Step-by-step explanation:
balance = $7800
credit card charging interest rate per year = 27.8%
interest generated over a 30 day period =
= P × R ×T
=
= $180.7
hence, the interest generated over 30 days using banker's rule is $180.7